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CBE to restructure Egypt treasuries auctions
CBE to restructure treasury auctions and sales: The central bank, cooperation with the Finance Ministry, is looking to shake up…
Cabinet watch
Another night of miscellany on last night’s talk shows
It was another night of miscellany on last night’s talk shows, with no overarching theme or topic of discussion emerging.…
Egypt, Slovenia sign MoU to manufacture equipment used for energy distribution
The Military Production Ministry inked yesterday an MoU with Slovenian company Iskra to cooperate in manufacturing devices and equipment used…
CBE sells USD 1.7 bn USD-denominated T-bills, repurchases USD 2.6 bn T-bonds
The central bank sold USD 1.7 bn-worth of one-year USD-denominated treasury bills on Monday at an average yield of 3.697%,…
Egypt releases EGP 504 mn in export subsidy funds
Gov’t disburses EGP 504 mn in export subsidy funds: Finance Minister Mohamed Maait has disbursed EGP 504 mn in export…
Egypt’s budget deficit narrowed to 1.9% in 1Q18-19
Egypt’s budget deficit narrowed slightly to 1.9% during the first quarter of FY2018-19, down from 2% during the same period…
Abbasiya Cathedral’s 50-year anniversary leads coverage on the airwaves
The Abbasiya Cathedral’s golden jubilee celebration was a hot topic for the talking heads on an evening devoid of any…
Electricity Ministry has concerns on implementation cost of Cyprus power linkage project
The Electricity Ministry reportedly has concerns over the implementation cost and landing point of the 2,000 MW subsea power cable…
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